Prime land assembly opportunity on the corner of Springfield and Ziprick, directly across from Mission Creek Regional Park. Whether you’re looking for a holding property, cash flow investment, or land to build on- this designated “Core Neighbourhood” parcel offers all the above. The land assembly is 0.651 acres (28,357 SF), & made up of two lots currently zoned RU1 (2560 Springfield Rd) & RU4 (685-675 Ziprick Rd). The Sellers have submitted a rezoning application to MF2 (FAR 1 + 0.15 bonus) & have architectural plans for a 16-unit (approx. 1500 SF each) townhouse development. In the meantime, the landlords are collecting approximately $11,052/month in rents = 132,624/yr. Gross cap rate = approx. 3.8. There are two bus stops within 80 m and the city has designated both Springfield & Ziprick as “Major Arterial” transportation networks with bike lane & infrastructure improvements on the horizon. Walking distance to Springvalley Elementary & Middle Schools, Costco, Orchard Park Mall, and across the road from 94 ha of trails at Mission Creek Regional Park. Across Ziprick is City owned property set aside for public service utilities & additional green space. Located halfway between UBCO & the future downtown campus (less than 8 km to both), 10 km from YLW (international airport), & 50 minutes to world-class Big White Ski Resort. This is a comprehensive & rare offering, sure to catch the attention of any savvy investor. What are you waiting for!? (id:2493)More details
Productive modern high density apple orchard (5 acres of Gala, 3.5 acres of Ambrosia and approx 1 acre of Honeycrisp) on 10 ALR acres in sought after Ellison near Kelowna’s international airport, Sunset Ranch golf course and just minutes from all of Kelowna’s many amenities. Well cared for with some new planting, orchards in this area are highly desirable. Charming character home with three bedrooms and two bathrooms and nearly 2000 sf framed by mature trees. Property can accommodate a carriage house according to ALR guidelines, perhaps an opportunity to convert existing home to a carriage house by reducing size. Beautiful views and a quiet pastoral setting make this a wonderful location to live and work. Large triple detached workshop to accommodate vehicles and equipment. Please view the iGuide tour and then call us to book your private tour of this exceptional opportunity. (id:2493)More details
Productive modern high density apple orchard (5 acres of Gala, 3.5 acres of Ambrosia and approx 1 acre of Honeycrisp) on 10 ALR acres in sought after Ellison near Kelowna’s international airport, Sunset Ranch golf course and just minutes from all of Kelowna’s many amenities. Well cared for with some new planting, orchards in this area are highly desirable. Charming character home with three bedrooms and two bathrooms and nearly 2000 sf framed by mature trees. Property can accommodate a carriage house according to ALR guidelines, perhaps an opportunity to convert existing home to a carriage house by reducing size. Beautiful views and a quiet pastoral setting make this a wonderful location to live and work. Large triple detached workshop to accommodate vehicles and equipment. Please view the iGuide tour and then call us to book your private tour of this exceptional opportunity. (id:2493)More details
This 15.76 acre property is located on Highway 97 N with neighbouring properties such as Scandia, Porsche, Hyundai and runs adjacent to the Okanagan Rail Trail. The property fronts 1,049 feet of frontage along Highway 97 with 8.82 Acres of usable land, this property is zoned Al and is in the ALR. (id:2493)More details
LAND ASSEMBLY! DEVELOPMENT ALERT! Zoned UC4 in up-and-coming Rutland's Urban Centre with possible permitted uses including townhouses, stacked townhouses, apartment housing - up to 6 stories. New to Rutland? Check out the website: https://www.ourrutland.ca Great potential, don't miss out on this opportunity! 2 bedrooms up and 2 bedroom suite down (not legal). Easy access to Highway 33. Walking distance to Shopping plaza 33 and Centennial Park. Minutes to YMCA, schools, UBCO, and Airport. (id:2493)More details
Nestled amidst 2.5 expansive acres within a designated redevelopment area, this exceptional property offers a rare opportunity for both residential living and future multifamily development....
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